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CertifID

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Company health

Employee growth
44% increase in the last year
Web traffic
20% decrease in the last quarter
Financing
December 2023 - $36M

Ratings

G2
4.8/5
(120)
Glassdoor
4.7/5
(17)

CertifID description

CertifID is a software platform designed to prevent wire fraud in real estate transactions. It verifies the identities of parties involved, validates bank details, and provides up to $1 million in insurance coverage for each transaction. Used by title companies, law firms, and real estate agents, CertifID integrates with existing software systems to streamline the closing process and reduce the risk of fraud. Its features include identity verification, bank account validation, fraud detection algorithms, and fraud recovery services.


Who is CertifID best for

CertifID protects real estate transactions from wire fraud by verifying identities and bank details, offering up to $2 million in insurance. Users praise its ease of use and integration with existing systems, but some find the security questions intrusive and dislike the charges for unused services. Perfect for title companies, law firms, and real estate agents seeking enhanced security.

  • Best for small to medium-sized businesses in the real estate industry.

  • Ideal for title companies, law firms, and real estate agents.


CertifID features

Supported

CertifID verifies the identities of parties involved in real estate transactions to prevent fraud.

Supported

CertifID validates bank details to reduce the risk of wire fraud in real estate transactions.

Supported

CertifID offers up to $1 million in insurance coverage for each transaction to protect against fraud.

Supported

CertifID provides fraud recovery services to help victims recoup their losses.

Supported

CertifID uses algorithms and analysis of over 150 fraud markers to detect suspicious activity.

Supported

CertifID integrates with existing software to simplify the closing process for real estate transactions.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Ease of Use

Strongly positive
+1

Reliability and Performance

Strongly positive
+1

CertifID reviews

We've summarised 118 CertifID reviews (CertifID G2 reviews) and summarised the main points below.

Pros of CertifID
  • Easy to use and implement, with a user-friendly interface.
  • Provides peace of mind and security for wire transactions.
  • Fast verification results and quick responses.
  • Integrates well with existing software systems like SoftPro and ProForm.
  • Offers insurance coverage for transactions, protecting against wire fraud.
Cons of CertifID
  • Difficult for non-tech-savvy users, especially older clients.
  • Charges incurred even if clients don't use the service after link is sent.
  • No option for international wires or those in Puerto Rico.
  • Some clients find the security questions too personal.
  • Occasional server outages and system downtimes require resending requests.

CertifID pricing

The commentary is based on 6 reviews from CertifID G2 reviews.

While CertifID is praised for preventing wire fraud and being user-friendly, some users find it pricey compared to competitors. Others mention added costs for extra protection, but many consider it worth the investment for the security and peace of mind it provides.

Users sentiment

Neutral
+0

CertifID alternatives

  • Logo of NoFraud
    NoFraud
    Stops fraud in real-time, guarantees protection, no manual reviews.
    Read more
  • Logo of SEON. Fraud Fighters
    SEON. Fraud Fighters
    Stops online fraud with data, clever rules, and machine learning.
    Read more
  • Logo of SAS Identity 360
    SAS Identity 360
    Securely manage identities, prevent fraud, and improve customer trust.
    Read more
  • Logo of SentiLink
    SentiLink
    Stops fake identities, reducing fraud for financial businesses.
    Read more
  • Logo of Sift
    Sift
    Stops fraud in real-time, using smart AI, for safer business.
    Read more
  • Logo of Focal
    Focal
    AI-powered financial crime risk management for emerging markets.
    Read more

CertifID FAQ

  • What is CertifID and what does CertifID do?

    CertifID is a wire fraud prevention platform for real estate transactions. It verifies identities, validates bank accounts, and offers up to $1M in insurance per transaction. This streamlines closings and reduces fraud risk for title companies, law firms, and real estate agents.

  • How does CertifID integrate with other tools?

    CertifID integrates with existing software systems, streamlining the closing process and mitigating fraud risk. It's known for seamless integration with real estate platforms like SoftPro and ProForm, enhancing user experience and operational efficiency.

  • What the main competitors of CertifID?

    Alternatives to CertifID include IBM Security Verify, Effectiv, and ComplyCube. These platforms offer similar services such as identity verification, fraud detection, and risk management, catering to businesses needing secure transactions and compliance solutions.

  • Is CertifID legit?

    Yes, CertifID is a legitimate platform used by title companies, law firms, and real estate agents to prevent wire fraud. It verifies identities and bank details, offering up to $2 million in insurance per transaction. CertifID is known for its ease of use and reliable performance.

  • How much does CertifID cost?

    CertifID doesn't publicly disclose its pricing. Contact their sales team for a quote tailored to your needs. Consider factors like transaction volume and required features to determine if CertifID is worth the cost for your business.

  • Is CertifID customer service good?

    Customers praise CertifID's easy-to-use platform and responsive customer service team. While some users mention occasional server issues, the overall sentiment towards CertifID's customer service is positive, with many highlighting its helpfulness and efficiency in resolving issues.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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